Question: In view of the foregoing and determining the number of new employees that you need to employ in the company, assuming the following data in

In view of the foregoing and determining the number of new employees that you need to employ in the company, assuming the following data in the company’s business:

- Number of transactions the company is expected to make per month: 1500

The time approved for reviewing a single transaction: 15 minutes

Hours per month:

The number of hours required to perform = the number of hours required to work in the month * (the number of minutes it takes to complete the transaction / the total minutes per hour)

1500 * (15/60) =

= 375 hours

Number of people to perform = Number of hours to perform / Standard number per month

375/168 = 2 employees who need to be hired

Step by Step Solution

★★★★★

3.36 Rating (146 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

SNo No of transactions the company expected per mont... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (2 attachments)

635fc43c49404_232718.pdf

180 KBs PDF File

635fc43c49404_232718.docx

120 KBs Word File

Students Have Also Explored These Related Organizational Behavior Questions!

In view of the anticipated growth of the over-50 market, a leading cosmetics company is re-evaluating the marketing strategy for its best-selling moisturizing face cream for women. Should the company...

In view of the relatively low strengths of the structural adhesives, how can adhesively bonded joints attain strengths comparable to other methods of joining?

In view of the many advantages that business corporations receive from various governments, do business corporations have an ethical obligation to return some of their profits to the public good?

Consider the relational database of Figure. Using SQL, define a view consisting of manager-name and the average salary of all employees who work for that manager. Explain why the database system...

a. Mark first asks you to forecast daily demand for the next week using the data from the past 13 weeks. You should make the forecasts for all the days of the next week now (at the end of week 5),...

Sharp Paper Inc. has three paper mills, one of which is located in Memphis, Tennessee. The Memphis mill produces 300 different types of coated and uncoated specialty printing papers. This large...

Primo Paper, Inc., has three paper mills, one of which is located in Seattle, Washington. The Seattle mill produces 200 different types of coated and uncoated specialty printing papers. This large...

Using the Customers table in the BSN database that accompanies this book and following the directions in this chapter, create the report in Figure. Note that you will have to reformat and perhaps...

For many years, Gorski Company manufactured a single product called a mono-circuit. Then, three years ago, the company automated a portion of its plant and at the same time introduced a second...

Fernandez Corporation, a new audit client of yours, has not reported earnings per share data in its annual reports to stockholders in the past. The treasurer, Angelo Balthazar, requested that you...

On one side of a path, the walk is a pedestal 1.5m high with a 2.5m high statue atop it. At the opposite side of the path walk directly facing the statue, the statue and the pedestal subtend equal...

What requirements must a taxpayer meet to establish a simplified employee pension plan?

Locate the common hepatic artery as it branches from the abdominal asra. This arteny and its branches supply ste organs. What are they? Uner Geallbledder - Stomach Anteraines Pancreas *

15-1CS 3. A magazine article featured parents who filed a "wrongful birth" lawsuit against their doctor for failing to offer prenatal testing for spina bifida, which their daughter was born with in...

18. Equal volumes of two solutions containing 3.65g of HCl and 4.0 g of NaOH respectively are mixed. The pli of the mixture is 2) 7 19. When Imi of 0.IN HCIIS added to 1 litre of a solution of...

Choo sold his house for RM572,000 on 1 June 2019 and incurred agents fees of RM10,440 on the disposal. He bought the house on 20 March 2015 for RM435,000. Choo incurred stamp duty amounting to...

Global Consumer-Products Companies Target Low-Income Consumer CASE DETAILS 11-13. Why are companies such as Siemens, GE, Nestl, and Procter & Gamble targeting the bottom of the pyramid? 11-14. Review...

respond to this post as a friend This unit's lab experiments taught me more about applying science to real-world problem-solving. In nuclear chemistry, I learned how to measure radiation and how...

Crowe In view of the foregoing, the Commission deems it appropriate to impose the sanctions agreed to in Respondents' Offers. Accordingly, it is hereby ORDERED, effective immediately, that: A....

Make a comprehensive summary of this case. Make sure to include crucial details such as who are the defendant, plaintiff, the cited laws for the case, representatives of the law on both parties,...

please answer 1-5 Dr. Stotler followed the practice and custom usually engaged in by similar practitioners in the community is clearly refuted and con. tradicted by the evidence of record herein. of...

What are the facts of the below case?